100% Guaranteed CFSA Practice Tests - Killexams.com

We are doing a great effort to give you genuine Certified Financial Services Auditor (IIA-CFSA) test questions and answers, along with simple explanations. Each CFSA problem on killexams.com has been verified by IIA Certified Professionals. They are highly qualified and CFSA certified individuals, who have several instances of experience relevant to the CFSA test. Memorizing our genuine questions is sufficient to pass CFSA test with good marks.

Latest 2025 Updated Certified Financial Services Auditor (IIA-CFSA) Questions and Answers

CFSA Question Bank & Practice Tests

Practice Tests with official CFSA Exam Questions - Updated on Daily Basis
100% Pass Guarantee

Review CFSA Question Bank having real questions quiz simulator
We live putting this sort of great efforts to provide you with genuine Certified Financial Services Auditor (IIA-CFSA) examination questions and answers, together with clarification. Each CFSA Questions and Responses on killexams.com has been establish through IIA authorized professionals. They can be tremendously competent and authorized people, that have several years regarding professional knowledge recognized while using IIA tests. They what is CFSA Actual Questions question in accordance with actual CFSA test.

Often the IIA CFSA examination is not actually too an easy task to complete with simply CFSA wording books or even totally free Questions and Answers on the internet. There is a amount of situations in addition to tricky requests that confound the particular individual throughout the distinct CFSA exam. In this distinct situation, killexams.com has its portion by amassing Real CFSA Practice Questions inside the type of Practice Questions plus VCE test sim. You just need for you to download fully free CFSA Questions and Answers prior to you signal upward for any full copy of CFSA Practice Questions. You are going to please along with the high quality associated with TestPrep. Do not forget as a way to avail specific price cut discount codes.

Features of Killexams CFSA PDF Download
-> Instant CFSA PDF Download down load Access
-> Thorough CFSA Issues and Solutions
-> 98% Accomplishment Rate associated with CFSA Exam
-> Guaranteed Precise CFSA test questions
-> CFSA Questions Kept up to date on Normal basis.
-> Good and 2022 Updated CFSA Exam Deposits
-> 100% Transportable CFSA Exam Files
-> Whole featured CFSA VCE Exam Simulator
-> Absolutely no Limit with CFSA Exam Download Entry
-> Great Discounts
-> 100% Based Download Profile
-> 100% Discretion Ensured
-> fully Success Assurance
-> 100% Totally free Questions and Answers example Questions
-> Absolutely no Hidden Charge
-> No Month to month Charges
-> Absolutely no Automatic Profile Renewal
-> CFSA Exam Revise Intimation through Email
-> Totally free Technical Support

Exam Fine detail at: https://killexams.com/pass4sure/exam-detail/CFSA
Pricing Information at: https://killexams.com/exam-price-comparison/CFSA
See Comprehensive List: https://killexams.com/vendors-exam-list

Price cut Coupon with Full CFSA PDF Download Practice Questions;
WC2020: 60% Smooth Discount on each of your exam
PROF17: 10% Even more Discount with Value More than $69
DEAL17: 15% Even more Discount with Value More than $99

CFSA Exam Format | CFSA Course Contents | CFSA Course Outline | CFSA Exam Syllabus | CFSA Exam Objectives

Certified Financial Services Auditor® (CFSA®) Exam Syllabus

The CFSA exam tests a candidate's knowledge of current auditing practices and understanding of internal audit issues, risks, and remedies in the financial services industry.



The exam consists of 115 multiple-choice questions.

The testing period is two hours and fifty-five minutes.

Exam questions are all multiple-choice (objective) with four answer choices.

80% of the exam covers four domains: Financial Services Auditing, Auditing Financial Services Products, Auditing Financial Service Processes, and The Regulatory Environment.

The remaining 20% relate to the candidates' chosen discipline and will be at the proficiency level.

CFSA candidates may choose any one of the three disciplines as part of their CFSA exam test.

Candidates may not choose to be tested on more than one discipline.

The CFSA designation does not distinguish one chosen discipline from another.



The CFSA exam core content covers four domains:



Domain I: Financial Services Auditing (25-35%)

Domain II: Auditing Financial Services Products (25-35%)

Domain III: Auditing Financial Service Processes (25-35%)

Domain IV: The Regulatory Environment (10-20%)



CFSA Exam Individual Disciplines

Banking: Products, Processes, and the Regulatory Environment (20% — Proficiency Level)

Insurance: Products, Processes, and the Regulatory Environment (20% — Proficiency Level)

Securities: Products, Processes, and the Regulatory Environment (20% — Proficiency Level)



Financial Services Auditing (25-35%)

(P) = Candidates must exhibit proficiency (thorough understanding, ability to apply concepts) in these topic areas.

(A) = Candidates must exhibit awareness (knowledge of terminology and fundamentals) in these topic areas.

A. IIA International Professional Practices Framework (P)

B. Internal Control/Risk Management/Governance (P)

Internal Control Frameworks

Risk Management Frameworks

Governance Models

C. Audit Process (P)

Audit Planning

Audit Fieldwork

Risk Assessment

Analytical Review

Data Gathering and Evaluation

Testing

Tools and Techniques (e.g., CAAT)

Audit Communications

Monitoring Outcomes

D. Implications of Information Technology (P)

E. Auditing Financial Statement Elements (P)

Balance Sheet

Statement of Cash Flows

Income/Expense Statement

Off Balance-sheet Items

Auditing Financial Services Products (25-35%)

(P) = Candidates must exhibit proficiency (thorough understanding, ability to apply concepts) in these topic areas.

(A) = Candidates must exhibit awareness (knowledge of terminology and fundamentals) in these topic areas.

A. Lending/Loans (A)

B. Deposits (A)

C. Trusts (A)

D. Annuities (A)

E. Derivatives (A)

F. Electronic Services (A)

G. Cash Management Services (A)

H. Stocks (A)

I. Bonds (A)

J. Commodities (A)

K. Mutual Funds (A)

L. Employee Benefits (A)

M. Capital Market Products (A)

N. Securities Lending (A)

O. Insurance Policies (A)

P. Insurance Products (A)

Q. Foreign Exchange (A)

R. Asset Management (A)

S. Money Market Products (A)

Auditing Financial Service Processes (25-35%)

(P) = Candidates must exhibit proficiency (thorough understanding, ability to apply concepts) in these topic areas.

(A) = Candidates must exhibit awareness (knowledge of terminology and fundamentals) in these topic areas.

A. Risk Management (A)

Asset/Liability Management

Trading Market Risk

Credit, Liquidity, Operational Risk

Allowance for Loan and Lease Losses

Reserves

B. Underwriting (A)

Loans

Securities

Insurance

Private Placement

Initial Public Offerings

C. Securitizations (A)

D. Treasury Operations (e.g., Cash Management) (A)

E. Back-office Operations (A)

F. Marketing Sales and Distribution (e.g., Insurance Agencies, Bank Branches, Brokers) (A)

G. Claims (A)

H. Investments (A)

I. Broker/Dealer Activities (A)

J. Rating Advisory Service (A)

K. Mergers and Acquisitions (A)

L. Loan Operations (e.g., Collateral Issues, Perfecting Liens) (A)

The Regulatory Environment (10-20%)

(P) = Candidates must exhibit proficiency (thorough understanding, ability to apply concepts) in these topic areas.

(A) = Candidates must exhibit awareness (knowledge of terminology and fundamentals) in these topic areas.

A. Overview of the Regulatory Environment (A)

Function of Central Bank

Function of Insurance Regulators

Function of Securities Regulators

B. Laws and Regulations (A)

Equal Credit Opportunity/Antidiscrimination

Home Mortgage Disclosure

Reserve Requirements

Insider Transactions

Lending Disclosure

Deposits Disclosure

Real Estate Sales Disclosure

Self-assessment of Internal Controls/Risk Management

Investor/Depositor Protection

Financial and Personal Information Privacy

Anti-Money Laundering

C. Stock Exchanges and Other Markets (A)

D. Money and Banking (A)

Role of Money and Banking

Bond and Stock Markets

Effect of Interest Rate Movements

Monetary Management Theories

Killexams Review | Reputation | Testimonials | Feedback

IIA CFSA certification